Settings8H · net · $10k
Funding arb · Price arb /

ERA

all ERA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.015%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1061.064% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.015%, 7d avg +0.007%
Together, before fees+0.133%+$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ERA-USDT0.066980.0100pay 0.0050% / 4h1h 56m$6.5M
ShortBitget ERAUSDT0.066990.0100get 0.0050% / 4h1h 56m$798K$196K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.015% → +0.007%
$0.75
Slippage, 4 orders
−$84.43
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$105.68
Costs to cover
1.064%
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago5.24 bp27.0 bp −$2787.2 bp −$872doesn't fitdoesn't fit
Sell Bitget live order book, 24 min ago6.70 bp33.6 bp −$34248.9 bp −$2,489doesn't fitdoesn't fit

ERA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ERA_USDT−0.0256%4h0.06696−0.030%$149K$626K25xas long as short
KuCoin ERAUSDTM−0.0010%4h0.06674−0.358%$133K$39K25xas long as short
Aster ERAUSDT+0.0100%4h0.06692−0.086%$5K$12K5xas long as short
Binance ERAUSDT+0.0100%4h0.066980.000%$2.0M$4.0M25xas long as short
Bybit ERAUSDT+0.0100%4h0.06691−0.105%$761K$664K25xas long as short
MEXC ERA_USDT+0.0100%4h0.066980.000%$512K$132K20xas long as short
Bitget ERAUSDTshort+0.0100%4h0.06699+0.015%$798K$196K25x
BingX ERA-USDTlong+0.0100%4h0.06698long leg$6.5M
Variational Omni ERA+0.0100%4h0.06680−0.265%$10K$594as long as short